QD Dakwerken: what changed
QD Dakwerken
Largest movements
- Cash +€31,394
up €31,394 (+31.4%), from €100,106 to €131,499
mainly Net result for the year (+€71,598) and Depreciation (+€37,857)
- Tangible fixed assets -€25,176
down €25,176 (-7.4%), from €342,220 to €317,045
of which Land and buildings: -€25,105
- Receivables within one year +€17,285
up €17,285 (+21.0%), from €82,349 to €99,634
of which Trade receivables: +€36,406
- Stocks and contracts +€9,000
up €9,000 (+96.6%), from €9,319 to €18,319
- Debts after one year -€17,330
down €17,330 (-7.4%), from €233,013 to €215,683
- Trade debts +€16,484
up €16,484 (+125%), from €13,209 to €29,692
- Reserves +€15,957
up €15,957 (+6.4%), from €249,723 to €265,680
- Tax, wage and social debts +€14,586
up €14,586 (+81.0%), from €17,996 to €32,582
of which Remuneration and social security: +€9,580
- Staff costs +€54,257
up €54,257 (+49.0%), from €110,617 to €164,874
- Gross operating margin +€33,018
up €33,018 (+11.6%), from €284,744 to €317,762
- Depreciation -€6,297
down €6,297 (-14.3%), from €44,154 to €37,857
- Taxes -€4,797
down €4,797 (-14.2%), from €33,748 to €28,952
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €540,115 | €573,794 | +€33,679 | +6.2% |
| Fixed assets | 21/28 | €342,220 | €317,045 | -€25,176 | -7.4% |
| Tangible fixed assets | 22/27 | €342,220 | €317,045 | -€25,176 | -7.4% |
| Land and buildings | 22 | €324,667 | €299,561 | -€25,105 | -7.7% |
| Plant, machinery and equipment | 23 | €1,205 | €493 | -€712 | -59.1% |
| Furniture and vehicles | 24 | €16,349 | €16,991 | +€641 | +3.9% |
| Current assets | 29/58 | €197,894 | €256,749 | +€58,855 | +29.7% |
| Stocks and contracts in progress | 3 | €9,319 | €18,319 | +€9,000 | +96.6% |
| Stocks | 30/36 | €9,319 | €18,319 | +€9,000 | +96.6% |
| Amounts receivable within one year | 40/41 | €82,349 | €99,634 | +€17,285 | +21.0% |
| Trade receivables | 40 | €36,128 | €72,533 | +€36,406 | +101% |
| Other amounts receivable | 41 | €46,221 | €27,100 | -€19,120 | -41.4% |
| Cash at bank and in hand | 54/58 | €100,106 | €131,499 | +€31,394 | +31.4% |
| Deferred charges and accrued income | 490/1 | €6,121 | €7,297 | +€1,176 | +19.2% |
| Total equity and liabilities | 10/49 | €540,115 | €573,794 | +€33,679 | +6.2% |
| Equity | 10/15 | €255,923 | €271,880 | +€15,957 | +6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €249,723 | €265,680 | +€15,957 | +6.4% |
| Distributable reserves | 133 | €249,723 | €265,680 | +€15,957 | +6.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €284,192 | €301,914 | +€17,722 | +6.2% |
| Amounts payable after more than one year | 17 | €233,013 | €215,683 | -€17,330 | -7.4% |
| Financial debts | 170/4 | €233,013 | €215,683 | -€17,330 | -7.4% |
| Amounts payable within one year | 42/48 | €49,314 | €84,367 | +€35,052 | +71.1% |
| Current portion of amounts payable after more than one year | 42 | €17,508 | €17,330 | -€178 | -1.0% |
| Trade debts | 44 | €13,209 | €29,692 | +€16,484 | +125% |
| Suppliers | 440/4 | €13,209 | €29,692 | +€16,484 | +125% |
| Taxes, remuneration and social security | 45 | €17,996 | €32,582 | +€14,586 | +81.0% |
| Taxes | 450/3 | €17,996 | €23,002 | +€5,006 | +27.8% |
| Remuneration and social security | 454/9 | - | €9,580 | +€9,580 | |
| Other amounts payable | 47/48 | €601 | €4,763 | +€4,161 | +692% |
| Accrued charges and deferred income | 492/3 | €1,864 | €1,864 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €110,617 | €164,874 | +€54,257 | +49.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,154 | €37,857 | -€6,297 | -14.3% |
| Other operating charges | 640/8 | €7,272 | €4,312 | -€2,960 | -40.7% |
| Gross operating margin | 9900 | €284,744 | €317,762 | +€33,018 | +11.6% |
| Operating profit (loss) | 9901 | €122,701 | €110,719 | -€11,982 | -9.8% |
| Financial income | 75/76B | €1,423 | €1,072 | -€352 | -24.7% |
| Recurring financial income | 75 | €1,423 | €1,072 | -€352 | -24.7% |
| Financial charges | 65/66B | €8,551 | €11,240 | +€2,689 | +31.4% |
| Recurring financial charges | 65 | €8,551 | €11,240 | +€2,689 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €115,573 | €100,550 | -€15,023 | -13.0% |
| Income taxes | 67/77 | €33,748 | €28,952 | -€4,797 | -14.2% |
| Profit (loss) for the period | 9904 | €81,824 | €71,598 | -€10,226 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,824 | €71,598 | -€10,226 | -12.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.